INSURANCE
Making Sense of the New Insurance Reform Act
Nigeria’s insurance industry is going through one of its biggest shifts. With the introduction of the Nigerian Insurance Industry Reform Act (NIIRA), the rules guiding insurers, businesses, and policyholders have been updated to reflect today’s realities. The goal is simple: boost trust, strengthen operators, protect customers, and encourage innovation. This is timely.Insurance penetration in Nigeria remains low, hovering below 1%. Many people either don’t understand insurance or don’t trust the…
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How to Fit Insurance Premiums into Your Monthly Budget
When Tunde bought his first car, a neat Toyota Corolla, he was over the moon. He had saved for months, skipped unnecessary outings, and cut back on luxuries just to…
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Hedging Your Bets: Retirement Annuity
For most Nigerians, their pension is at risk thanks to the unstable economy. Retirement annuity is a better option; it…
Is real estate your first big thing? Then a property insurance should be your next big thing
As more and more people become familiar with all the areas through which they can generate wealth in the real…
Making Sense of the New Insurance Reform Act
Nigeria’s insurance industry is going through one of its biggest shifts. With the introduction of the Nigerian Insurance Industry Reform…
Read More
